AI Overview...
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Future Property and Damages - The scope of legal provisions, such as Section 110 of the Motor Vehicles Act, is broad enough to include damages related to future property or earnings, indicating that future earning potential can be considered as part of compensation Union of India VS Ratan Lal - Rajasthan.
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Future Property in Legal Dispositions - Instruments like settlement agreements can involve future income streams or rental income from properties, which are regarded as dispositions of future property, emphasizing that future interests can be legally recognized as property BOARD OF REVENUE VS SRIDHAR ADVOCATE - Allahabad.
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Property and Future Interests - Court judgments recognize that property can include future rental income and other future interests, and such dispositions are valid under specific legal provisions, highlighting that future property rights are enforceable and can be part of property settlement or disposition BOARD OF REVENUE VS SRIDHAR ADVOCATE - Allahabad.
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Future Property in Taxation and Valuation - Tax laws and valuation methods, such as those under municipal and taxation statutes, consider future property or future income streams when assessing taxes or property value, including depreciation and future earning estimates CITY MUNICIPAL COUNCIL, BELLARY VS UNION OF INDIA OWNING SOUTHERN RAILWAY - Karnataka, UNION OF INDIA VS MUNICIPAL BOARD - Allahabad, Union of India through General Manager VS Municipal Board - Allahabad.
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Future Property in Court Proceedings and Property Management - Court decisions emphasize proper procedures for handling future property interests, including the need for accurate description and inclusion in legal documents, and restrictions on including future properties in resolution plans or arbitration proceedings until certain legal conditions are met Delta Products (Pvt. ) Ltd. VS Industrial Credit and Investment Corporation of India Ltd. & others - Bombay, India Asset Growth Fund Through Esssel Finance Advisors & Managers LLP vs Rashmi Housing Pvt Ltd - National Company Law Tribunal.
Analysis and Conclusion:
A will can indeed include future property or future interests, such as future rental income or earnings, as these are recognized as property or rights capable of disposition under various legal frameworks. Courts have upheld the inclusion of future property in settlements, valuation, taxation, and legal proceedings, provided proper procedures are followed. Future property rights are enforceable and can be incorporated into legal instruments, affirming that a will can specify future property interests.
Search Results for "A will can Include Future Property"
1987 0 Supreme(Raj) 560 • India - Rajasthan
A.K.MATHUR
Act is wide enough to include future earning as a damage to the future property of the claimant. ... MOTOR VEHICLES ACT - SECTION 110-D - SECTION 110-F - INTERPRETATION - FUTURE LOSS OF EARNING - COMPENSATION - SCOPE OF SECTION ... The court also upheld the award of damages for future loss of earning, holding that the scope of Section 110 of the Motor Vehicles ... Thus, the scope of Section 110 is wide enough to include the future earning as a damage....
2025 0 Supreme(Mad) 3910 • India - IN THE HIGH COURT OF JUDICATURE AT MADRAS
Honourable Mr Justice M.NIRMAL KUMAR
- Considerations include prior criminal activity of seizing party and potential future misuse of property - A distinction exists ... property and the competing interest of public safety. ... finds that due to the mother’s ongoing criminal activities concerning narcotics since 2017, returning the phone poses a risk for future ... In view of the Apex Court Judgment in Sainaba's case, the confiscation proceedings cannot be an embargo to consider the return of property petition, but of cou....
1964 0 Supreme(All) 21 • India - Allahabad
S.D.KHARE, G.KUMAR, D.S.MATHUR, V.BHARGAVA, G.C.MATHUR
The court found that the instrument in question was a disposition of the future rental income from two houses for the purpose of ... distributing that property among the members of the donor's family, and was thus a settlement under the first part of Sub-clause ... held that the instrument was a settlement under the second part of Sub-clause (b) of Section 2(24) as it was a disposition of the property ... ... ( 6 ) IN this connection learned counsel for the executant urged before us that the word "property" as used in t....
2025 Supreme(Online)(Ker) 54460 • India - IN THE HIGH COURT OF KERALA AT ERNAKULAM
GOPINATH P., J
Core issues include petitioners' request for an installment plan and the bank's position on the auctioned property. ... through property reconveyance upon full payment. ... The court finds the petitioners may repay their debt of ₹5,70,664 in 12 installments, with conditions on future proceedings. ... Learned counsel appearing for the respondent bank would submit that the property of the petitioners has already been auctioned and has been purchased by the bank. ... day of the succeeding months; (iii) In ....
1969 0 Supreme(Kar) 9 • India - Karnataka
A.R.SOMNATH IYER, AHMED ALI KHAN
collect the taxes on the properties of the defendant and ordering the defendant to pay the specified sum, costs of the suit, and future ... property tax - Union of India - Railways (Local Authorities Taxation) Act, 1941, Section 3(1) - Madras District Municipalities ... The City Municipal Council of Bellary sued the Union of India, owner of the Southern Railway, for the right to levy and collect property ... to April 1937, and which is to continue according to the proviso, may certainly include any future#HL_EN....
2023 Supreme(Online)(KER) 42485 • India - High Court of Kerala
ANIL K. NARENDRAN, P. G. Ajithkumar, JJ
... ... Issues: The main issues addressed include the legality of the Devaswom Board's meeting and decisions made about property ... court determined that the Devaswom Board’s decision was improperly made and emphasized adherence to regulations and court orders in future ... proceedings concerning property. ... The meeting was convened based on the request made by the neighboring property owners. ... (C)No.No.25620 of 2021 was filed by two residents of Rameswaram Village before this Honourable Court wi....
1957 0 Supreme(All) 27 • India - Allahabad
H.S.CHATURVEDI, RANDHIR SINGH
TAXATION - MUNICIPALITIES - LIABILITY OF UNION GOVERNMENT PROPERTY - PROPERTY VESTED IN UNION GOVERNMENT - EXEMPTION FROM STATE ... Article 285 of the Constitution exempts Union Government property from State taxation, but property liable to tax before the commencement ... Whether the Union Government's property was liable to pay house and water taxes to the Municipal Board. 2. ... in the valuation of the property or the rate of assessment, but it does not include any....
1957 0 Supreme(All) 29 • India - Allahabad
H.S.CHATURVEDI, RANDHIR SINGH
The Court interpreted the term "estimated present cost of erecting the building" in Section 140(1)(a) of the Act to include depreciation ... The Court interpreted the term "estimated present cost of erecting the building" in Section 140(1)(a) of the Act to include depreciation ... TAXATION - MUNICIPAL TAXES - LIABILITY OF UNION GOVERNMENT - PROPERTY VESTED IN UNION GOVERNMENT - EXEMPTION FROM STATE TAXATION ... in the valuation of the property or the rate of assessment, but it does not include any #HL_S....
1978 0 Supreme(Bom) 204 • India - Bombay
B.N.DESHMUKH, S.C.PRATAP
The plaint described the property in accordance with the mortgage bond, but it failed to include all of the properties that had been ... The mortgage bond created a floating charge on all of defendant No. 1's properties, including future additions. ... The plaintiff filed a Notice of Motion to amend the decree to include the omitted properties. ... While drafting the plaint, though recitals were reproduced in the body in the schedule of the property, the description was copies from the original mortgage....
2025 Supreme(Online)(NCLT) 5495 • India - National Company Law Tribunal
Lakshmi Gurung, J, Hariharan Neelakanta Iyer, T
arbitration, clarifying that no resolution plan can include this property. ... This judgment examines an application by Pantnagar Sneh Deep Co-operative Housing Society Ltd for protection of its property in ongoing ... That till disposal of Arbitration Proceedings between the Applicant and Respondent, the Resolution Professional should not include Applicant’s Property either in the Resolution Plan, if any submitted in future and/or on passing of liquidation Order, the liquidator so app....
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